Before I talk about my success rates, I want to introduce you to a guy who’s like a consumer advocate on steroids: Steve Rhode. And if you go to getoutofdebt.org, you can see what his amazing research into the debt relief industry has uncovered, including the questionable practices some debt settlement and debt relief companies employ.

Steve is the real deal, so if you or someone you know is considering hiring a debt relief provider, I strongly recommend reading his post about debt relief success rates.

Debt Settlement Success Rates

The screenshot below references Debt Relief á la carte as having the highest success rate in the debt relief industry.

Why is Debt Relief á la carte so successful?

I don’t offer a long-term debt settlement plan. Debt settlement programs that are projected to take years to complete put you in an adversarial situation with your creditors for the duration of your plan, stunt your ability to rehabilitate and recover, greatly increase your chances of being sued, expose you to potentially years worth of interest, and have less than a 10% completion rate (page 2, paragraph 1).

I believe my success rate is attributed to one main factor: I only enroll consumers into my debt settlement service if they have the ability to settle their enrolled debts right away.

You may be wondering how people who are behind on their debts have the ability to settle their debts right away: I review their ability to resolve their debts via their assets rather than their future income.

I limit my service out of necessity. When someone hires me to help them resolve their situation, they’re entrusting me with their financial future. I take this trust very seriously, and in doing so, I only offer a service that I’m confident that will deliver the results that my client’s situations require.

When you’re behind on your debts and things are rough, I don’t believe it is in your best interest to employ a method that, according to the FTC, has less than a 10% chance of being completed successfully. You’re already financially injured, you can’t afford to make your situation worse.

I wouldn’t take that risk personally and I would never suggest an approach that I wouldn’t employ for myself.

Since 2002, we’ve been the only debt settlement company in the country that limits our debt settlement service to consumers who can settle their debts right away.

That’s why I have the highest success rate in the debt relief industry. I actually care about solving my client’s problems.

Debt Relief á la carte’s Debt Settlement Statistics

This data spans from 1/1/2012 to 6/15/2017, and shows that 96.97% of all enrolled accounts have been settled or entered into a payment arrangement.

Account Breakdown:

This is a breakdown of the total accounts enrolled into my debt settlement service and their end results.

96.39% of enrolled accounts settled

0.58% of enrolled accounts entered into a payment arrangement

0.87% of enrolled accounts were unenrolled due to lack of cooperation from a collection agency or attorney

2.16% of enrolled accounts cancelled by the client

Client Graduation Breakdown:

This is a breakdown of the total clients enrolled into my debt settlement service and their end results.

95.12% of clients, settled or entered into a payment plan on all of their enrolled accounts

1.83% of clients, settled or entered into a payment plan on all but one of their enrolled accounts

1.22% of clients, settled or entered into a payment plan on all but two of their enrolled accounts

1.83% of clients, settled or entered into a payment plan on all but three or more of their enrolled accounts

Debt Settlement Program Length:

The overall average length of time a client spends in my debt settlement program is 108.70 days. This was calculated by using the date a consumer signed up to the acceptance date of their final settlement.

Average Debt Settlement Percentage:

This information represents every enrolled account for my completed clients from 1/1/2012-6/15/2017.

The percentages represent the percentage of the balance that was paid.

The percentages are based on the balances at the time of enrollment.

Average settlement percentage for ALL settled accounts:

Avg. Settlement: 35.61%

With my fee: 44.26%

Average settlement percentage with unenrolled accounts paid in full:

Avg. Settlement: 36.86%

With my fee: 44.75%

The settlement averages that include fees was calculated based on 12.5% of savings.

My average debt settlement percentages are not intended to be a guarantee of any future settlement results.

To learn how to increase your chances of being successful with debt settlement, please see my 4-part series about how debt settlement works.

I was formerly one of the most successful debt collectors in the country. And don’t worry, I wasn’t one of those huffy-puffy types. I also held positions of Collection Manager, Corporate Trainer, and Director of Collection Operations. I’ve worked for large third-party collection agencies, collection attorneys and large debt buyers. (full bio)

I’ve dedicated my website towards truly explaining how debt settlement really works and to dispel the myths revolving around credit and debt.

I was formerly one of the most successful debt collectors in the country. And don't worry, I wasn't one of those huffy-puffy types. I also held positions of Collection Manager, Corporate Trainer, and Director of Collection Operations. I’ve worked for large third-party collection agencies, collection attorneys and large debt buyers. (full bio)

I've dedicated my website towards truly explaining how debt settlement really works and to dispel the myths revolving around credit and debt. ...

Disclosure: I may be financially compensated by any of the entities that I recommend on this website.

All recommendations are provided purely based on who I feel the most comfortable with for the particular scenario.

If you are considering getting help with your debt, please take the time to educate yourself by reading these featured articles:

We’re the only debt settlement company he has EVER allowed on his referral list.

Tom Martino has been fighting for consumers for more than 30 years utilizing Radio, TV, Newspapers, Magazines, and the Internet. Tom can be heard weekday mornings on the radio from 9 to noon on Denver’s popular AM talk station 630-KHOW. Each show is filled with calls from people needing consumer help, information, and advice.

Debt Relief Á la carte is not a credit repair company. We do not provide legal, tax, or investment advice. If you need legal advice, legal expertise, or court filings, you must seek the advice of a licensed attorney. Estimates are based on your collectabilty, our past experience, and settlement performance trends. Individual results may vary. The claims made are examples of past performance and are not intended to be a guarantee of any future settlement results. We do not provide debt settlement services in all states. We use reasonable care to ensure that the information appearing on this website is up to date and accurate. While we take precautions to prevent the occurrence of errors and omissions, the users of this website should not take the accuracy of the information for granted but should seek individual professional advice that is relevant to their particular situation and needs.